Methanex Corp (USA) (NASDAQ:MEOH)
CAPS Rating:
The Company is a producer, marketer and supplier of methanol to the international markets of North America, Asia Pacific and Europe as well as Latin America.
The Company is a producer, marketer and supplier of methanol to the international markets of North America, Asia Pacific and Europe as well as Latin America.
Recs
I've always used caps to track any stock that I wanted to watch. This was the peak of the gold rally and a ton of fold and silver stocks were in here dragging me down when the prices fell out. Well now my caps score is around 8. Well no more. I've cleaned house and now I'm going to focus on improving my score to see if I can. Meh is a little gem. Short term with falling oil prices this guy could suffer a bit. As long as may has stays down though their business should be strong. This company is growing EPS like it was crab grass. I believe we should see 35-40$ per share by end on 2013. It's currently yielding about 2.7% they have bought back tons of stock since 2002. They didn't raise the div a few years during the crisis but they didn't cut it either. Long term I'd not be suprised to see this one at 150-170 per share by 2017. Not predicting mind you but IMO its worth a watch. If they meet expectations again next quarter i will buy if the Price hasn't taken off yet.
lesson learned: never write a pitch on a cell phone.